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Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours


A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday...

Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State


Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter...

Singapore to License Digital Payment Providers, Approves Crypto Exchange


The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...

The State Of Web Workers In 2021


You gotta appreciate the tenacity of Surma. He’s been advocating for Web Workers as a path forward to better-feeling websites for a lot of years now. He’s at it again making sure we all understand the landscape: […] regardless … The post The State Of Web Workers In 2021...

Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts


A court has ordered one of Russia’s largest banks to lift restrictions imposed on the accounts of a Russian citizen who was selling digital coins on cryptocurrency exchanges. The state-owned giant Sberbank will now have to unblock its client’s cards and restore his access to its online...

Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million


Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported...

Financial Giants State Street & Bank of America Double Down On Crypto


Source: iStock/E_Y_E US-based major players in the world of traditional finance continue incorporating crypto in their offerings to existing clients, and/or investing in crypto-related companies. Financial services provider State Street Corporation said it will provide digital and cryptocurrency...

Iran Raises Alarm Over Potential Influx of Miners From China


With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...

Crypto Companies Establish Presence, Hire Talent in Ireland


With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...

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